Answer:
$1,002,000
Explanation:
The costs incurred on the share for share exchange include the fair value per share ,issue costs,direct cost as well as contingent consideration(consideration based on the acquired business performance.
However,the costs eligible to be recorded as investment upon acquisition are the fair value per share and the contingent obligation as shown below:
Fair value (entire shares) $50*20,000=$1,000,000
fair value of potential obligation =$2000
total value of investment $1,002,000
The issue costs and direct should be expensed immediately.
The process adopted by the university in inviting its wealthiest alumni to join the board is an example of Co-optation.
<h3>What is
Co-optation?</h3>
In business term, the term "Co-optation" is a process adopted by a firm by acculturating a smaller group with related interests because they will gain some values collectively therein.
In conclusion, the process that is adopted by the university in inviting its wealthiest alumni to join the board is an example of Co-optation.
Read more about Co-optation
<em>brainly.com/question/7715001</em>
Answer:
The equivalent units produced is 7320
Explanation:
To get the units produced in this period we ignore the beginning inventory, we just add new transferred out +ending inventory
- 7,000 units were transferred out
- Al the end , we have 800 at 40%= 320
Adding the 3 items
UP=7000+320=7320
Answer:
the book value per common share is $60.
Explanation:
Book Value Per Share = Equity Applicable / Number of Shares Outstanding
= $60,000/ 1,000
= $60
Thus the book value per common share is $60.
